IsoEnergy (TSE:ISO) Trading Up 5.7% – Here’s Why

IsoEnergy Ltd. (TSE:ISO) shares shot up 5.7% during trading on Monday . The company traded as high as C$15.49 and last traded at C$15.37. 66,221 shares were traded during mid-day trading, a decline of 73% from the average session volume of 241,952 shares. The stock had previously closed at C$14.54.

Wall Street Analysts Forecast Growth

Separately, TD Securities upgraded shares of IsoEnergy to a “strong-buy” rating in a research report on Wednesday, February 18th. Three analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the company presently has an average rating of “Strong Buy”.

IsoEnergy Stock Performance

The stock has a market capitalization of C$938.01 million, a price-to-earnings ratio of -387.25 and a beta of 0.61. The business has a fifty day simple moving average of C$15.18 and a 200 day simple moving average of C$13.45.

IsoEnergy (TSE:ISO) last posted its earnings results on Thursday, February 26th. The company reported C($0.09) earnings per share for the quarter.

IsoEnergy Company Profile

IsoEnergy Ltd is engaged in the acquisition, exploration, and evaluation of uranium properties in Canada. The company’s projects profile includes Thorburn Lake, Radio, Geiger, and others. It primarily operates in Canada.